Dena Co Stock Technical Analysis
DNACF Stock | USD 10.00 0.00 0.00% |
As of the 23rd of April, DeNA Co shows the Coefficient Of Variation of 4392.35, mean deviation of 1.48, and Standard Deviation of 5.44. DeNA Co technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for DeNA Co, which can be compared to its peers. Please confirm DeNA Co variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if DeNA Co is priced more or less accurately, providing market reflects its regular price of 10.0 per share. Given that DeNA Co has information ratio of 0.0064, we urge you to verify DeNA Co's prevailing market performance to make sure the company can sustain itself next year.
DeNA Co Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DeNA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DeNADeNA |
DeNA Co technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
DeNA Co Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of DeNA Co volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DeNA Co Trend Analysis
Use this graph to draw trend lines for DeNA Co. You can use it to identify possible trend reversals for DeNA Co as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DeNA Co price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DeNA Co Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DeNA Co applied against its price change over selected period. The best fit line has a slop of 0.0041 , which may suggest that DeNA Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.63, which is the sum of squared deviations for the predicted DeNA Co price change compared to its average price change.About DeNA Co Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DeNA Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DeNA Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DeNA Co price pattern first instead of the macroeconomic environment surrounding DeNA Co. By analyzing DeNA Co's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DeNA Co's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DeNA Co specific price patterns or momentum indicators. Please read more on our technical analysis page.
DeNA Co April 23, 2024 Technical Indicators
Most technical analysis of DeNA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DeNA from various momentum indicators to cycle indicators. When you analyze DeNA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0229 | |||
Market Risk Adjusted Performance | (0.23) | |||
Mean Deviation | 1.48 | |||
Coefficient Of Variation | 4392.35 | |||
Standard Deviation | 5.44 | |||
Variance | 29.64 | |||
Information Ratio | 0.0064 | |||
Jensen Alpha | 0.1517 | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (0.24) | |||
Maximum Drawdown | 50.43 | |||
Value At Risk | (0.86) | |||
Potential Upside | 1.94 | |||
Skewness | 3.52 | |||
Kurtosis | 30.47 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DeNA Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the DeNA Co information on this page should be used as a complementary analysis to other DeNA Co's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for DeNA Pink Sheet analysis
When running DeNA Co's price analysis, check to measure DeNA Co's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DeNA Co is operating at the current time. Most of DeNA Co's value examination focuses on studying past and present price action to predict the probability of DeNA Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DeNA Co's price. Additionally, you may evaluate how the addition of DeNA Co to your portfolios can decrease your overall portfolio volatility.
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